SOLD
Sold on 25 Jul 2024 for $760,000

647 Mount Russell Road
Mount Russell NSW 2360

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 971200m2
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Wally Duff
RDR Real Estate
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Property Details for 647 Mount Russell Rd, Mount Russell

Building Type
Land
Land Size
971200m2
Local Government
Inverell
Lot/Plan
331/DP754847

Last Listing description (September 2024)

AREA: 95.9 ha (239 ac) Freehold.

Inverell Shire Council Rates. Northern Tablelands LLS.

SITUATION: 24km west of Inverell, 10km east of Delungra.

SERVICES: Single phase power. Mobile phone service available. Mail 3 times per week. School Bus at front gate. Primary schools at Inverell & Delungra, secondary schools at Inverell. Air and rail services from Inverell, Armidale, Moree to Sydney, Brisbane. Saleyards at Inverell, being the 6th largest selling centre in the state, weekly fat cattle sales, fortnightly sheep sales and monthly store cattle sales. Export abattoir at Inverell. 3 major feedlots in the Inverell area. Inverell is one of the major shopping and service centres of Northern NSW.

COUNTRY: Undulating. Subdivision potential into 3 lots.

ALTITUDE: 670m 680m ASL.

SOIL: Red basalt, chocolate basalt, & granite.

ARABLE AREA: 60ha (150ac) available.

PASTURE DEVELOPMENT: Lucerne & Phalaris.

TIMBER: White box, Yellow box.

WATER: 3 dams. 1 unequipped well. Town water reticulating to troughs.

RAINFALL: 700 mm (28 inches) p.a.

FENCING: Boundary: Hinge joint and netting. Divided into 10 paddocks.

GRAIN STORAGE: Bulk grain shed with concrete floor.

STOCK YARDS: Steel & timber cattle yards with head bale. Water at yards. Small shearing shed and yards.

CARRYING CAPACITY: Owner estimates 50 steers or 100 ewes, 100 wethers.

Property has a building entitlement.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Property Code: 1100

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Property History for 647 Mount Russell Rd, Mount Russell, NSW 2360

A timeline of how this property has performed in the market
Last Sold
$760,000
25 Jul 2024
  • 25 Jul 2024
    Listed for Sale $850,000
  • 25 Jul 2024
    Sold for $760,000
  • 18 Mar 2024
    Listed for Sale Not Disclosed
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About Mount Russell 2360

The size of Mount Russell is approximately 70 square kilometres. The population of Mount Russell in 2011 was 310 people. By 2016 the population was 106 showing a population decline of 65.8% in the area during that time. The predominant age group in Mount Russell is 50-59 years. Households in Mount Russell are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Mount Russell work in a managers occupation. In 2011, 81.3% of the homes in Mount Russell were owner-occupied compared with 82.1% in 2016..

Mount Russell has 72 properties. Over the last 5 years, Houses in Mount Russell have seen a 18.56% increase in median value. As at 30 September 2024:

  • The median value for Houses in Mount Russell is $568,338.
There are currently no properties listed for sale, and no properties listed for rent in Mount russell on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Mount russell.

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